4803 S Henderson St Seattle, WA 98118
4803 S Henderson St
Seattle, WA 98118
$5,700,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
Prime 39-unit apt building in a high-demand Seattle submarket, just blocks from light rail and minutes to Boeing, the Port of Seattle, and Downtown. This stabilized asset provides immediate cash flow with significant upside through value-add potential. The property features 33 one bed and 6 two-bed units across three levels. 15 units updated (3 in 2024), achieving rent premiums of ~$400/month. 24 units remain in original condition—ideal for renovation. Additional income potential from building out studio units ($79K+/yr), paid parking, coin-op laundry, and rentable storage.Electrical-24 panels updated in 2010.Plumbing-18 units updated in 2010. Windows replaced in 2000.Stucco and roof updated in 2010.Call the listing agent with any questions
Property Features
Community: Rainier Beach
10+ Units
View: Territorial
Dock
Fenced-Partially
Exterior: Cement/Concrete
Roof: Flat
Year Built: 1962
2025 Taxes: $73394.00
Buyer Broker Compensation: 1.5%
Listing #: 2413984
Lot Details
Lot Size: 0.76 acres
Alley
Paved
No. of Units: 39
Interior
Cooling: None
Heating: Baseboard
Electric
Common Features
Basement
Coin Op Laundry
Storage
Schools
District: Seattle
Elem: Buyer To Verify
Middle: Buyer To Verify
High: Buyer To Verify
Call or Email:
Grace Wamwere
What's Near 4803 S Henderson St Seattle, WA 98118?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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Courtesy of eXp Realty
